Morning Report 16 Mar 23: Global sharemarkets tumble as Credit Suisse sparks fresh bank sell-off

Aussie shares are poised to fall sharply on Thursday after a sell-off in European and US sharemarkets overnight. European markets posted their worst day in over a year with Credit Suisse shares hitting record lows. Wall Street fell as global banking sector worries sparked the latest equities sell off. Oil slumps to a 15-month low.

 

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